Cashback Betting Offers

Author: Steven D. Thompson

Updated: 20/11/2024 11:20 AM

If you want to have a self-sustaining wagering adventure, betting cashback offers give you precisely what you need. Cashback promos allow you to recover your stakes when your bets lose. In other words, they help you maintain a constant betting cash flow and keep a positive wagering balance. And luckily for you, at Betpack, we have some of the best cashback bookmakers in the industry. Read on to learn how to get your stakes back even when you lose and where to find the best cashback betting sites.

Cashback Offers

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Betting Sites that Offer Cashback

There's no better place to start looking for the best money-back promos than the top betting sites that offer cashback. Top-quality cashback sites have the best cashback promotions. They boast a wide range of money-back promotions ranging from regular ACCA Insurance promos to monthly cashback bonuses and free bet cashbacks.

And if you want to make the most of your losing bets, the best betting sites we feature on Betpack are a great place to start. They have some lucrative betting offers in their popular promotion categories, and cashback promos are right up there with the best among them.

Cashback Pros & Cons

Cashback promos help you recover some of your losing stakes. As such, they come with many perks and only a few, if any, drawbacks. Here are all the cashback pros & cons you need to know.

Pros

Help you get back some of your accrued betting losses
Variety of cashback promos available
Very easy to opt-in and claim
Come with reasonable bonus and wagering conditions
Can use them in various sports and markets

Cons

You only recover some of your losses
Not always given as real money

Types of Cashback Offers

Cashback sportsbook bonuses are not all the same. There are different types of cashback offers out there, and it takes years of sports betting experience to learn how to make the most of them. Fortunately for you, we are here to give you a crash course in cashback promos. We will tell you about all the types of cashback bonuses and how they are different. Here are the most common types of promos cashback sites offer to their players.

Cashback After a Losing Bet

Most of the cashback promos you see these days give you your money back after your bet loses. Sometimes these gambling sites will return losing stakes as real money, while other times, they will refund them free bet credits. In other words, you either get your stake back as money, or you get a free bet credited to your wagering account.

To receive cashback from these promos, you must wait for your bets to be settled. For instance, if you place a qualifying cashback sports bet, you will have to wait until all selections in your bet slip finish before you can ask for a cashback. If your settled bet loses, you get your stake back.

As we already mentioned, there are different types of losing bet cashback promos. Let's look at the ones you are most likely to see when playing at a cashback website.

Horse Racing Cashback Promos

The best bookmakers offer a wide range of horse racing cashback bonuses. For instance, they will often say that you can get your stake back if your horse finishes second. However, to qualify for these cashback promos, you have to make a qualifying bet first. That means meeting some bonus conditions such as wagering requirements or qualifying deposit stipulations. Example:

Place your bet at Evens or greater and get your stake back as free bets if your horse finishes second (Min odds Evens (1/1, 2.00), 4+ Runners in a race, Stake refunded as free bets, Free bets credited upon qualifying bet settlement, Free bets valid for 7 days, UK customers only, Payment restrictions apply -Only deposits made using a UK debit card will qualify).

As you can see, the betting site that offers this promo has included quite many conditions in it. First of all, you have to place a bet at predetermined minimum odds (Evens). The race also has to have a minimum of four runners in it for your wager to qualify. Finally, you will get your stake back in the form of a free bet, but only after the settlement of the qualifying bet and only if you use the accepted payment method.

Despite all of these conditions, a cashback customer promo such as this one is quite enticing. It allows you to place riskier wagers, and then if your bet loses, it lets you earn cashback credits. You can use those free bet funds to try your luck with horse race betting again. In other words, you bet more and spend less with cashback betting offers.

ACCA Insurance Promos

The accumulator insurance promo is one of the most popular cashback offers out there. As with the other cashback promos, it allows you to get your stake back if your bet loses. However, when you trigger an ACCA Insurance promo, you must include a predetermined number of selections in your combo bet. Let's look at an example to illustrate this:

ACCA Insurance sportsbook bonus: Bet £10 on 5+ ACCAs and Get Your Stake Back if One Selection Lets You Down (Min odds 1.80, Min deposit £10 in one bet transaction, Exchange bets excluded, Certain deposit and bet types excluded, 18+, Gamble responsibly.)

To get your money back from this promo, you have to include a minimum of five selections at min odds of 1.80. More importantly, you only get your stake back if one leg lets you down. If two or more picks lose, you won't get your ACCA Insurance.

Cashback as Free Bets

Most of the time, betting sites that have cashback promos return your stake in the form of free bets. This is great for the cashback site, as it keeps punters playing with them. However, getting free bet credits is also good for players. With free bets, punters get their losing stakes back and can also use these cashback promos for more advanced wagering practices such as matched betting or back and lay wagering.

Risk-Free Bet Promos

Risk-free bets are variations from your typical free bet cashback promos. They are usually created with new customers in mind, and that means they can be quite lucrative too. Let's look at a risk-free bet promo to show you how it works:

Risk-Free Bet Welcome Bonus: Deposit and place your first bet and get up to £500 as risk-free bet credits if first settled bet loses (New customers only, Min required deposit £10, Min odds 1.50, 4x Wagering requirement, Bet and payment method exclusions apply, Returns exclude Bet Credits stake, Free bets credited within 24 of bet settlement, T&Cs apply).

As you can see, new customers who deposit and bet a minimum of £10 can get their stakes back if their bets lose. However, as with the other promos, punters should meet some conditions before they can trigger the new customer offer. The most important stipulation here is the 4x wagering requirement. Wagering requirements tell you how many times you have to play through bonus funds before you can withdraw your winnings as real money. In this case, even though you get your stake back, you still have to play it four times over before you can withdraw the winnings you got from it.

As you can imagine, the lower these wagering requirements are, the better the cashback promo is. Often, how much cashback you get depends on the bonus wagering conditions, so make sure you read the bonus terms carefully.

Daily / Weekly / Monthly Online Gambling Cashback

Sports betting sites prefer giving you your money back immediately after your losing bets have been settled. However, some bookmakers have special player programs in which punters get a percentage of their losses not after the settlement of a wager but at the end of a given day, week, or month.

These promos are similar to casino cashback schemes where players get some of the money they lost at the end of a predetermined period. For instance, casino or bingo sites will often give their players 1% to 5% of their monthly losses back at the end of each month.

You won't see many of these casino-style cashback promos at sportsbooks. However, the best sports betting sites have special monthly cashback programs for their high-spending customers. So, if you place your fair share of bets, bookmakers might soon get in touch to offer you this unique promo.

Best Cashback Bookmakers by Category

Feature	Bookie
Best Sports Cashback	Slotuna
Best Odd	Betswap
Best Rated	Velobet
Best UI	Playbet.io
Best Welcome Bonus	Sportaza
Best Deposit	Britainbet

How to Find Cashback Offers?

You have to do a little digging to locate the best cashback deals. Unlike other promos, such as first deposit bonus offers, cashback promotions can be tricky to find. However, we can help. With our four-step cashback-finder guide, we can show you how to find the best cashback promos instantly. Read on and claim your first cashback deal right away.

Step 1

Find a Top-Quality Bookmaker

The best online bookmakers have the best cashback promos. If you want to play with the best money back promotions, you must bet at top-tier sportsbooks too. To find that perfect cashback site, you must check several things. You have to analyse whether a bookmaker has a valid licence, secure enough and whether it boasts many bonuses, including cashback ones. If a bookmaker ticks all of these boxes, it is an excellent place to start your cashback quest.

Step 2

Contact Customer Support

The next thing you should do is find the cashback promos you are interested in and contact customer support to get more information about them. The bookie's help-desk staff will tell you all the details about the cashback promo. They will tell you which criteria you have to meet to make a qualifying bet and how you can get your money back after you do that.

Step 3

Register

Now you have all the info you need. That means you can start thinking about claiming that cashback. To do this, though, you must have a betting account with the bookmaker you chose in Step 1. Fortunately, the account-opening process is a straightforward one. If you follow all the steps the bookmaker guides you through, you will have a fully functional betting account in no time.

Step 4

Deposit, Bet, Claim a Cashback

As soon as your account is ready, deposit some money into it. To do this, go to the Cashier, click on your deposit balance, and enter the amount you want to transfer. Before you place your bet, though, make sure you have read the bonus terms or have talked to customer support about the cashback promo. Different cashback promotions are claimed differently. If you follow all of these steps and the bet you place is a qualifying one, you can claim your cashback if it loses.

Top 10 Cashback Bookmakers

Rank	Bookmaker	Bonus	License
1.	10bet	50% up to €50	MGA - UKGC
2.	CrownPlay	10% up to €500	Curacao
3.	CBet	Up to €200	Curacao
4.	Sportaza	100% up to €100	Curacao
5.	Britainbet	€10 Free Bet	MGA - UKGC
6.	Lunubet	10% up to €500	Curacao
7.	Betovo	10% up to €250	Curacao
8.	Mr Play	100% up to €100	MGA - UKGC
9.	Mybookie	100% up to €200	Curacao
10.	Mozzart	€20 Free Bet	MGA

Conclusion

When players go to the Promotions hub of a sports betting provider, they rarely focus on the cashback promos. They might appear not as enticing as the welcome offers for new customers, so players sometimes ignore them. However, top-quality cashback promos let you recoup your money even when your bets lose. That means less risk and more funds to play with. Therefore, some bettors say that a top-tier cashback bookie is much better than a welcome-offer-only sportsbook.

And you can find some of the best cashback sites right here on our site. Our experts have checked and tested each betting site on Betpack, meaning, they are all excellent options for your betting adventure. Choose a quality cashback site now, and turn your losing bets into winning possibilities.

Frequently Asked Questions

Which Betting App has the Best Cashback?

To find the app with the best cashback promos, you have to check the terms and conditions of the bonuses it offers. The more lenient the conditions, the better the app's cashback bonus will be.

Which Bookmakers Offer Cashback?

The best way to find which bookies offer cashback is to use a comparison website such as Betpack. We list, review, and rank bookmakers' offers, meaning you can instantly find the ones that have cashback promos.

What is a Money-back in Betting?

Money back, or cashback, is when your qualifying wager loses and the bookmaker gives you your bet stake back. Your cashback can be in the form of real money or free bet credits.

What Happens If I Win a Free Bet?

If you win a free bet, you can withdraw your winnings, provided you have met the playthrough requirements of the bonus first.